According to Korea Post’s RFP for the mandate, the real estate fund will allocate 70% to REITs and 30% to senior secured property loans.

KB Asset Management and ChinaAMC plan to jointly develop ETFs, list the funds in Korea and Hong Kong, and expand their overseas ETF business.

VEIL uses tenders and buybacks to narrow share price discount to net asset value as Vietnam is poised to be upgraded to emerging-market status by FTSE Russell.

Economic growth in Asia may be strong, but OECD report says the region has a higher share of companies trading below book value compared to the global average.